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Autonomous Vehicles Market
Autonomous Vehicles Market Size, Share, Forecast, & Trends Analysis by Type (Passenger Vehicles (Hatchback, Sedan, SUV, Others), Commercial Vehicles (Trucks, Buses)), Fuel Type (ICE, Electric), Level of Autonomy (L1, L2, L3, L4), Geography - Global Forecast to 2031
Report ID:MRAUTO - 1041130 Pages: 180 Jan-2024 Formats*: PDF Category: Automotive and Transportation Delivery: 24 to 72 HoursAutonomous Vehicles Market Size & Forecast
The Autonomous Vehicles Market is expected to reach $259.4 billion by 2031, at a CAGR of 20.4% from 2024 to 2031. The growth of this market is mainly driven by factors such as the increasing demand for luxury vehicles and the rising need to improve traffic flow and road safety. In addition, rising government initiatives for the development and adoption of autonomous vehicles, the development of ADAS technology, and the growing demand for semi-autonomous vehicles are expected to provide opportunities for market growth. However, the high cost of autonomous vehicles and the lack of required infrastructure in emerging countries can restrain the growth of the market. Data privacy and security concerns also pose challenges to market growth.
Autonomous Vehicles Market Growth Drivers
Increasing Demand for Luxury Vehicles
A luxury car is a car that provides above-average to high-end levels of comfort, features, and equipment. Often, more expensive materials and surface finishes are used, and buyers expect better build quality. Customers in the luxury car market worldwide are increasingly seeking high-end vehicles that offer both luxury and performance. They are looking for cars that provide a comfortable and prestigious driving experience, as well as the latest technological advancements. For instance, luxury car sales in India scaled a record high of 42,731 units in 2023, up 20% year-on-year. An increase in disposable income, the rise in purchasing power, and changing buyer preferences have boosted the adoption of luxury vehicles, thereby driving the growth of the autonomous vehicles market.
Rising Need to Improve Traffic Flow and Road Safety
Every year the lives of approximately 1.19 million people are cut short because of a road traffic crash, according to WHO (Switzerland). Between 20 and 50 million more people suffer non-fatal injuries, with many incurring a disability. Road traffic injuries cause considerable economic losses to individuals and their families.
Autonomous vehicles (AVs) have the potential to improve traffic flow and road safety. Human error is a leading cause of accidents, and AVs can minimize the risk by eliminating factors such as distracted driving, fatigue, and impaired driving. The sophisticated sensor systems of AVs can detect potential hazards more accurately and react faster than human drivers, reducing the number of accidents on the road.
In addition, traffic congestion is a worldwide challenge that poses significant economic, social, and environmental impacts. Countries worldwide, especially in urban areas, are confronted with the pressing challenge of managing traffic congestion. With advanced traffic management systems and real-time data analysis, AVs can optimize traffic flow and reduce congestion. Thus, all such factors are expected to drive the autonomous vehicles market growth.
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Autonomous Vehicles Market Challenge
Data Privacy and Security Concerns
Autonomous vehicles (AVs) are susceptible to cybersecurity threats. They are equipped with an array of sensors and advanced technologies that generate a vast amount of data as they navigate the roads. This data feed helps the vehicles analyze and make real-time decisions while building machine intelligence for future reference. However, this level of digitization of the vehicle’s operating system might open gates for cyber threats and raise concerns regarding privacy, security, real-time location data, and hacking of the vehicle’s system.
As the vehicles remain well connected through different modes, including the internet, cellular networks, and more, they are susceptible to cyber threats. A cyber-attack on an autonomous vehicle can lead to disabling or even crashing a vehicle, remote hacking, tampering with sensor data, and pose a significant threat to passenger safety and public well-being. Ensuring robust cybersecurity measures, including encryption, authentication protocols, and regular software updates, safeguards AVs from cyber threats.
Therefore, manufacturers aim to ensure the safety, security, and trustworthiness of autonomous driving technology by integrating security features into the design, adopting advanced technologies, and collaborating on industry-wide standards.
Autonomous Vehicles Market Trends
Increasing Demand of 5G Technology for Vehicle Connectivity
Autonomous vehicles are equipped with cutting-edge technology such as radars, lidars, cameras, and advanced computational capabilities. Vehicle-to-Everything (V2X) communication is integral to their functioning, and 5G is set to be a key enabler in this aspect. Through enhanced V2X communication, autonomous vehicles can interact seamlessly with other vehicles, pedestrians, road infrastructure, and even the broader network.
As the 5G network is becoming the prime technology to build driverless cars, the automobile sector would be one of the most exciting spaces to watch out for in the near future. 5G autonomous vehicles have been the top priority for car manufacturers and they are partnering with telecom operators to deploy significant technologies to give the best experience to users. For instance, in September 2020, Keolis (France) partnered with Urban ICT Arena (Sweden), Telia (Sweden), Ericsson (Sweden), Intel Corporation (U.S), and T-engineering (Sweden) to launch a new autonomous self-driving, electric minibus trial in Stockholm, Sweden, using 5G technology to remotely control and supervise the vehicle. This trial aims to explore the safe introduction of self-driving autonomous electric vehicles in complex urban areas with a view to optimizing route planning and traffic.
Autonomous Vehicles Market Opportunity
Rising Government Initiatives and Investment for the Development and Adoption of Autonomous Vehicles
Autonomous vehicles (AVs) have the potential to change transportation and make lives better by enhancing mobility and road safety. Governments across the globe are recognizing the potential of autonomous vehicles and are taking several steps to encourage development. Various countries have implemented transportation strategies. For instance, the Dubai Autonomous Transportation Strategy: This strategy aims to have 25% of all transportation in Dubai to be autonomous by 2030. This strategy aims to introduce autonomous vehicles across different modes of transportation, including taxis and buses.
Furthermore, rising government investment in self-driving technologies is expected to support market growth. For instance, in September 2023, the Centre for Connected and Autonomous Vehicles (CCAV) U.K. is providing $23.01 (GBP 18.5) million to fund 13 different projects focusing on self-driving technologies, products, and services. The money is part of a $62.19 (GBP 50) million government drive to boost green technology innovation and the economy and to create more jobs.
Autonomous Vehicles Market Analysis: Key Findings
By Type: In 2024, the Passenger Vehicles Segment to Dominate the Autonomous Vehicles Market
Based on type, the autonomous vehicles market is broadly segmented into passenger vehicles and commercial vehicles. In 2024, the passenger vehicles segment is expected to account for the larger share of ~86.0% of the global autonomous vehicles market. The large share of this segment is attributed to the increasing demand for automated energy-efficient vehicles, technological advancement in self-driving cars, rising government focus on adoption of autonomous vehicles, and rising focus of manufacturers on product development. For instance, in April 2021, Toyota Motor Corporation (Japan) unveiled new versions of the Lexus LS and Toyota Mirai equipped with Advanced Drive, the company’s advanced driver assist system in Japan. Advanced Drive features a level 2 autonomous system.
However, the commercial vehicles segment is expected to register the highest CAGR during the forecast period. Factors such as growing focus on automation and electrification of public transport, rising investment in connected infrastructure, and rising focus of manufacturers on the development of autonomous commercial vehicles are expected to drive the segment growth. For instance, in April 2023, Continental AG (Germany) partnered with Aurora Innovation, Inc. (U.S.) to deliver the first commercially scalable generation of Aurora’s flagship integrated hardware and software system, the Aurora Driver. The organizations will jointly design, develop, validate, deliver, and service the scalable autonomous system for the trucking industry.
By Fuel Type: In 2024, the Electric Segment to Dominate the Autonomous Vehicles Market
Based on fuel type, the autonomous vehicles market is segmented into ICE and electric. In 2024, the electric segment is expected to account for the larger share of the global autonomous vehicles market. The large share of the segment is attributed to the rising adoption of battery-powered, energy-efficient vehicles and the rising focus on reducing greenhouse gas emissions.
Moreover, the electric segment is also expected to register the highest CAGR during the forecast period. The growth of the segment is attributed to the rising focus of autonomous vehicle manufacturers on product development and enhancement. For instance, in September 2023, BMW AG (Germany) selected Amazon cloud technology to build its autonomous driving features for new EVs.
By Level of Autonomy In 2024, the Level 2 Segment to Dominate the Autonomous Vehicles Market
Based on level of autonomy, the autonomous vehicles market is segmented into level 1, level 2, level 3, and level 4. In 2024, the level 2 segment is expected to account for the largest share of ~74.0% of the global autonomous vehicles market. The large share of the segment is attributed to the continual assistance offered by level 2 vehicles in acceleration/braking and steering, the rising need to enhance the safety and comfort of passengers, and ongoing development in level 2 autonomous vehicles. For instance, in April 2023, Ford Motor Company (U.S.) launched a level 2 autonomous hands-free driver assistance system called Ford BlueCruise, which it says is the first to receive regulatory approval for use on a public highway in Europe. However, the level 4 segment is expected to register the highest CAGR during the forecast period. Ongoing research and development on level 4 autonomous vehicles is expected to drive the segment growth in the forecast period.
Geographical Analysis
In 2024, North America is expected to account for the largest share of ~36.0% of the autonomous vehicles market. The large share of the North American region is attributed to the rising government support for autonomous vehicle research, testing, and development, the growing need for safe and efficient driving options, the rising adoption of self-driving technology, and the growing focus of manufacturers on autonomous vehicle development. For instance, New Flyer of America Inc. (“New Flyer”), a subsidiary of NFI Group Inc. (“NFI”), one of the world’s leading independent global bus manufacturers, unveiled its Xcelsior AV™ automated transit bus, now in motion at Robotic Research, LLC (“Robotic Research”) in Maryland.
However, Asia-Pacific is expected to register the highest CAGR of ~22% during the forecast period. The growth of this region is attributed to the rising government initiatives to promote the development and adoption of autonomous vehicles and the increasing need to address congestion, improve mobility, and enhance transportation efficiency. For instance, in February 2024, according to the Infocomm Media Development Authority (IMDA), Singapore is looking to boost its national broadband network to better prepare for emerging technologies, such as artificial intelligence (AI) and autonomous vehicles. The country will set aside up to $74.2 (SG$100) million) to upgrade the current nationwide network to deliver speeds of up to 10Gbps.
Autonomous Vehicles Market: Key Companies
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last 3–4 years. Some of the key players operating in the autonomous vehicles market are General Motors Company (U.S.), BMW AG (Germany), Daimler Truck AG. (Germany), Mercedes-Benz AG (Germany), Hyundai Motor Company (South Korea), Tesla, Inc (U.S.), Renault Group (France), Toyota Motor Corporation (Japan), Volkswagen Group (Germany), Ford Motor Company (U.S.) and AB Volvo (Sweden).
Autonomous Vehicles Industry Overview: Latest Developments from Key Industry Players
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In December 2023, Kodiak Robotics, Inc. (U.S.), a leading self-driving technology developer for the trucking and defense markets, unveiled its first autonomous test vehicle designed specifically for the U.S. Department of Defense (DoD). This vehicle is a Ford F-150 up-fitted with Kodiak's autonomous system, the Kodiak Driver, and contains both the autonomy hardware and software required to operate a military ground vehicle.
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In January 2023, Mercedes-Benz AG (Germany)announced that it is the world’s first automotive company to bring SAE Level 3 conditionally automated driving to the U.S., with Nevada being the first state to confirm the compliance of the system with state regulations.
- In July 2022, Hyundai Motor India launched an all-new version of its range-topping SUV Tucson with level 2 ADAS capability. The new fourth-generation Tucson is equipped with six—and eight-speed automatic transmissions and petrol and diesel powertrains.
Autonomous Vehicles Market Research Summary:
|
Particulars |
Details |
|
Number of Pages |
180 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
CAGR |
20.4% |
|
Market Size (Value) |
USD 259.4 Billion by 2031 |
|
Segments Covered |
By Type
By Fuel Type
By Level of Autonomy
|
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (UAE, Israel, Rest of Middle East & Africa) |
|
Key Companies |
General Motors Company (U.S.), BMW AG (Germany), Daimler Truck AG. (Germany), Mercedes-Benz AG (Germany), Hyundai Motor Company (South Korea), Tesla, Inc (U.S.), Renault Group (France), Toyota Motor Corporation (Japan), Volkswagen Group (Germany), Ford Motor Company (U.S.) and AB Volvo (Sweden) |
Key questions answered in the autonomous vehicles market report:
The Autonomous Vehicles Market encompasses the development, production, and sale of vehicles equipped with advanced technologies that allow them to operate without human intervention. These vehicles utilize various technologies such as sensors, cameras, radar, and artificial intelligence to navigate and make real-time driving decisions.
The Autonomous Vehicles Market is expected to reach $259.4 billion by 2031.
The market is forecasted to grow at a CAGR of 20.4% from 2024 to 2031.
As of the latest reports, the market size is projected to reach $259.4 billion by 2031, with significant growth expected in the coming years.
Key players in the Autonomous Vehicles Market include:
- General Motors Company (U.S.)
- BMW AG (Germany)
- Tesla, Inc. (U.S.)
- Ford Motor Company (U.S.)
- Toyota Motor Corporation (Japan)
- Daimler Truck AG (Germany)
- Increasing Demand for 5G Technology: The implementation of 5G is crucial for Vehicle-to-Everything (V2X) communication, enhancing the functionality of autonomous vehicles.
- Government Initiatives: Rising support and investment from governments for the development and adoption of autonomous technologies are notable trends.
- Increasing Demand for Luxury Vehicles: A surge in luxury car sales is driving demand for advanced automated features.
- Need to Improve Traffic Flow and Road Safety: Autonomous vehicles can significantly reduce accidents caused by human error and improve traffic management.
- By Type:
- Passenger Vehicles
- Commercial Vehicles
- By Fuel Type:
- Internal Combustion Engine (ICE)
- Electric Vehicles
- By Level of Autonomy:
- Level 1
- Level 2
- Passenger Vehicles
- Commercial Vehicles
- Internal Combustion Engine (ICE)
- Electric Vehicles
- Level 1
- Level 2
The global outlook for the Autonomous Vehicles Market is positive, with significant growth expected in North America and Asia-Pacific regions due to technological advancements, increasing government support, and rising consumer demand for safe and efficient transportation options.
The market is expected to experience substantial growth, driven by technological innovations, increasing investments, and a growing focus on safety and efficiency in transportation.
The Autonomous Vehicles Market is projected to grow at a CAGR of 20.4% from 2024 to 2031.
North America is expected to hold the largest share of the Autonomous Vehicles Market, accounting for approximately 36.0% in 2024, driven by strong government support and technological advancements in the region.
1. Introduction
1.1 Market Definition & Scope
1.2 Currency & Limitations
1.2.1 Currency
1.2.2 Limitations
2. Research Methodology
2.1 Research Approach
2.2 Process of Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3 Market Sizing and Forecast
2.3.1 Market Size Estimation Approach
2.3.2 Growth Forecast Approach
2.4 Assumptions for the Study
3. Executive Summary
3.1 Market Overview
3.2 Market Analysis, by Type
3.3 Market Analysis, by Fuel Type
3.4 Market Analysis, by Level of Autonomy
3.5 Market Analysis, by Geography
3.6 Competitive Analysis
4. Market Insights
4.1 Overview
4.2 Factors Affecting Market Growth
4.2.1 Drivers
4.2.1.1 Increasing Demand for Luxury Vehicles
4.2.1.2 Rising Need to Improve Traffic Flow and Road Safety
4.2.2 Restraints
4.2.2.1 High Cost of Autonomous Vehicles
4.2.2.2 Lack of Required Infrastructure in Emerging Countries
4.2.3 Opportunities
4.2.3.1 Rising Government Initiatives for the Development and Adoption of Autonomous Vehicles
4.2.3.2 Development of ADAS technology
4.2.3.3 Growing Demand for Semi-autonomous Vehicles
4.2.4 Challenges
4.2.4.1 Data Privacy and Security Concerns
4.3 Trends
4.3.1 Growing Adoption of Autonomous Shared Mobility
4.3.2 Increasing Demand for 5G Technology for Vehicle Connectivity
4.3.3 Rising Investment towards Level 5 Autonomous Vehicles
4.4 Case Studies
4.5 Vendor Selection Criteria/Factors Affecting Buying Decision
4.6 Porter's Five Forces Analysis
4.7 Supply Chain Analysis
5. Autonomous Vehicle Market Assessment, by Type
5.1 Overview
5.2 Passenger Vehicle
5.2.1 Hatchback
5.2.2 Sedan
5.2.3 SUV
5.2.4 Other Passenger Vehicles
5.3 Commercial Vehicle
5.3.1 Trucks
5.3.2 Buses
6. Autonomous Vehicle Market Assessment, by Fuel Type
6.1 Overview
6.2 ICE
6.3 Electric
7. Autonomous Vehicle Market Assessment, by Level of Autonomy
7.1 Overview
7.2 Level 1
7.3 Level 2
7.4 Level 3
7.5 Level 4
8. Autonomous Vehicle Market Assessment, by Geography
8.1 North America
8.1.1 U.S.
8.1.2 Canada
8.2 Europe
8.2.1 Germany
8.2.2 U.K.
8.2.3 France
8.2.4 Italy
8.2.5 Spain
8.2.6 Switzerland
8.2.7 Netherlands
8.2.8 Rest of Europe
8.3 Asia-Pacific
8.3.1 Japan
8.3.2 China
8.3.3 India
8.3.4 South Korea
8.3.5 Singapore
8.3.6 Malaysia
8.3.7 Rest of Asia-Pacific
8.4 Latin America
8.4.1 Mexico
8.4.2 Brazil
8.4.3 Rest of Latin America
8.5 Middle East & Africa
8.5.1 UAE
8.5.2 Israel
8.5.3 Rest of Middle East & Africa
9. Competition Analysis
9.1 Overview
9.2 Key Growth Strategies
9.3 Competitive Benchmarking
9.4 Competitive Dashboard
9.4.1 Industry Leaders
9.4.2 Market Differentiators
9.4.3 Vanguards
9.4.4 Emerging Companies
9.5 Market Share/Ranking by the Key Players
10. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)
10.1 General Motors Company
10.2 BMW AG
10.3 Daimler Truck AG.
10.4 Mercedes-Benz AG
10.5 Hyundai Motor Company
10.6 Tesla, Inc
10.7 Renault Group
10.8 Toyota Motor Corporation
10.9 Volkswagen Group
10.10 Ford Motor Company
10.11 AB Volvo
11. Appendix
11.1 Available Customizations
11.2 Related Reports
List of Tables
Table 1 Currency Conversion Rates (2021–2024)
Table 2 Global Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 3 Global Autonomous Passenger Vehicles Market, by Country/Region, 2022–2031 (USD Million)
Table 4 Global Autonomous Passenger Vehicles Market, by Type, 2022–2031 (USD Million)
Table 5 Global Autonomous Passenger Vehicles Market for Hatchback, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Autonomous Passenger Vehicles Market for Sedan, by Country/Region, 2022–2031 (USD Million)
Table 7 Global Autonomous Passenger Vehicles Market for SUV, by Country/Region, 2022–2031 (USD Million)
Table 8 Global Other Autonomous Passenger Vehicles Market, by Country/Region, 2022–2031 (USD Million)
Table 9 Global Autonomous Commercial Vehicles Market, by Type, 2022–2031 (USD Million)
Table 10 Global Autonomous Commercial Vehicles Market, by Country/Region, 2022–2031 (USD Million)
Table 11 Global Autonomous Commercial Vehicles Market for Trucks, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Autonomous Commercial Vehicles Market for Buses, by Country/Region, 2022–2031 (USD Million)
Table 13 Global Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 14 Global ICE Autonomous Vehicles Market, by Country/Region, 2022–2031 (USD Million)
Table 15 Global Electric Autonomous Vehicles Market, by Country/Region, 2022–2031 (USD Million)
Table 16 Global Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 17 Global Level 1 Autonomous Vehicles Market, by Country/Region, 2022–2031 (USD Million)
Table 18 Global Level 2 Autonomous Vehicles Market, by Country/Region, 2022–2031 (USD Million)
Table 19 Global Level 3 Autonomous Vehicles Market, by Country/Region, 2022–2031 (USD Million)
Table 20 Global Level 4 Autonomous Vehicles Market, by Country/Region, 2022–2031 (USD Million)
Table 21 North America: Autonomous Vehicle Market, by Country, 2022–2031 (USD Million)
Table 22 North America: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 23 North America: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 24 North America: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 25 North America: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 26 North America: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 27 U.S.: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 28 U.S.: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 29 U.S.: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 30 U.S.: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 31 U.S.: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 32 Canada: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 33 Canada: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 34 Canada: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 35 Canada: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 36 Canada: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 37 Europe: Autonomous Vehicle Market, by Country/Region, 2022–2031 (USD Million)
Table 38 Europe: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 39 Europe: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 40 Europe: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 41 Europe: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 42 Europe: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 43 Germany: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 44 Germany: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 45 Germany: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 46 Germany: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 47 Germany: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 48 U.K.: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 49 U.K.: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 50 U.K.: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 51 U.K.: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 52 U.K.: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 53 France: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 54 France: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 55 France: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 56 France: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 57 France: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 58 Italy: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 59 Italy: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 60 Italy: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 61 Italy: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 62 Italy: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 63 Spain: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 64 Spain: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 65 Spain: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 66 Spain: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 67 Spain: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 68 Switzerland: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 69 Switzerland: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 70 Switzerland: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 71 Switzerland: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 72 Switzerland: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 73 Netherlands: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 74 Netherlands: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 75 Netherlands: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 76 Netherlands: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 77 Netherlands: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 78 Rest of Europe: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 79 Rest of Europe: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 80 Rest of Europe: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 81 Rest of Europe: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 82 Rest of Europe: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 83 Asia-Pacific: Autonomous Vehicle Market, by Country/Region, 2022–2031 (USD Million)
Table 84 Asia-Pacific: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 85 Asia-Pacific: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 86 Asia-Pacific: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 87 Asia-Pacific: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 88 Asia-Pacific: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 89 China: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 90 China: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 91 China: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 92 China: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 93 China: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 94 Japan: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 95 Japan: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 96 Japan: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 97 Japan: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 98 Japan: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 99 India: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 100 India: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 101 India: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 102 India: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 103 India: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 104 South Korea: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 105 South Korea: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 106 South Korea: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 107 South Korea: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 108 South Korea: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 109 Singapore: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 110 Singapore: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 111 Singapore: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 112 Singapore: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 113 Singapore: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 114 Malaysia: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 115 Malaysia: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 116 Malaysia: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 117 Malaysia: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 118 Malaysia: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 119 Rest of Asia-Pacific: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 120 Rest of Asia-Pacific: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 121 Rest of Asia-Pacific: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 122 Rest of Asia-Pacific: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 123 Rest of Asia-Pacific: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 124 Latin America: Autonomous Vehicle Market, by Country/Region, 2022–2031 (USD Million)
Table 125 Latin America: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 126 Latin America: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 127 Latin America: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 128 Latin America: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 129 Latin America: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 130 Mexico: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 131 Mexico: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 132 Mexico: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 133 Mexico: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 134 Mexico: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 135 Brazil: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 136 Brazil: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 137 Brazil: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 138 Brazil: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 139 Brazil: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 140 Rest of Latin America: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 141 Rest of Latin America: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 142 Rest of Latin America: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 143 Rest of Latin America: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 144 Rest of Latin America: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 145 Middle East & Africa: Autonomous Vehicle Market, by Country/Region, 2022–2031 (USD Million)
Table 146 Middle East & Africa: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 147 Middle East & Africa: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 148 Middle East & Africa: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 149 Middle East & Africa: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 150 Middle East & Africa: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 151 UAE: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 152 UAE: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 153 UAE: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 154 UAE: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 155 UAE: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 156 Israel: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 157 Israel: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 158 Israel: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 159 Israel: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 160 Israel: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 161 Rest of Middle East & Africa: Autonomous Vehicle Market, by Type, 2022–2031 (USD Million)
Table 162 Rest of Middle East & Africa: Autonomous Passenger Vehicle Market, by Type, 2022–2031 (USD Million)
Table 163 Rest of Middle East & Africa: Autonomous Commercial Vehicle Market, by Type, 2022–2031 (USD Million)
Table 164 Rest of Middle East & Africa: Autonomous Vehicle Market, by Fuel Type, 2022–2031 (USD Million)
Table 165 Rest of Middle East & Africa: Autonomous Vehicle Market, by Level of Autonomy, 2022–2031 (USD Million)
Table 114 Recent Developments by the Major Market Players (2021–2024)
List of Figures
Figure 1 Research Process
Figure 2 Secondary Sources Referenced for this Study
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 Key Insights
Figure 8 Global Autonomous Vehicle Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 9 Global Autonomous Vehicle Market, by Fuel Type, 2024 Vs. 2031 (USD Million)
Figure 10 Global Autonomous Vehicle Market, by Level of Autonomy, 2024 Vs. 2031 (USD Million)
Figure 11 Geographic Snapshot: Autonomous Vehicle Market
Figure 12 Impact Analysis of Market Drivers, Restraints, Opportunities, and Challenges
Figure 13 Global Autonomous Vehicle Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 14 Global Autonomous Vehicle Market, by Fuel Type, 2024 Vs. 2031 (USD Million)
Figure 15 Global Autonomous Vehicle Market, by Level of Autonomy, 2024 Vs. 2031 (USD Million)
Figure 16 Global Autonomous Vehicle Market, by Geography, 2024 Vs. 2031 (USD Million)
Figure 17 Geographic Snapshot: North America Autonomous Vehicle Market
Figure 18 Geographic Snapshot: Europe Autonomous Vehicle Market
Figure 19 Geographic Snapshot: Asia-Pacific Autonomous Vehicle Market
Figure 20 Geographic Snapshot: Latin America Autonomous Vehicle Market
Figure 21 Geographic Snapshot: Middle East & Africa Autonomous Vehicle Market
Figure 22 Growth Strategies Adopted by Leading Market Players (2021–2024)
Figure 23 Competitive Dashboard: Autonomous Vehicle Market
Figure 24 Vendor Market Positioning Analysis (2021–2024)
Figure 25 General Motors Company: Financial Overview
Figure 26 BMW AG: Financial Overview
Figure 27 Daimler Truck AG.: Financial Overview
Figure 28 Mercedes-Benz AG: Financial Overview
Figure 29 Hyundai Motor Company: Financial Overview
Figure 30 Tesla, Inc: Financial Overview
Figure 31 Renault Group: Financial Overview
Figure 32 Toyota Motor Corporation: Financial Overview
Figure 33 Volkswagen Group: Financial Overview
Figure 34 Ford Motor Company: Financial Overview
Figure 35 AB Volvo: Financial Overview
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